Consumer Protection Act; foreclosure rescues. (SB1169)
Introduced By
Sen. John Watkins (R-Midlothian)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Consumer Protection Act; foreclosure rescues. Provides that the prohibition on fraudulent acts or practices committed by a supplier in a consumer transaction involving residential real property owned and occupied as the primary dwelling unit of the owner applies when the supplier of service to avoid or prevent foreclosure charges or receives a fee (i) prior to the full and complete performance of the services it has agreed to perform, if the transaction does not involve the sale or transfer of residential real property, or (ii) prior to the settlement on the sale or transfer of residential real property, if the transaction involves the sale or transfer of the property. Currently, any practice where a supplier of a foreclosure avoidance or prevention service is to be paid a fee prior to the settlement on a sale of residential real property is prohibited, regardless of whether the fee is charged or collected as part of the transaction involving a sale of the property. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/13/2009 | Prefiled and ordered printed; offered 01/14/09 090523806 |
01/13/2009 | Referred to Committee on Commerce and Labor |
01/23/2009 | Impact statement from DPB (SB1169) |
02/02/2009 | Reported from Commerce and Labor with substitute (14-Y 0-N) (see vote tally) |
02/03/2009 | Committee substitute printed 090204348-S1 |
02/04/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/05/2009 | Read second time |
02/05/2009 | Reading of substitute waived |
02/05/2009 | Committee substitute agreed to 090204348-S1 |
02/05/2009 | Engrossed by Senate - committee substitute SB1169S1 |
02/05/2009 | Impact statement from DPB (SB1169S1) |
02/06/2009 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
02/13/2009 | Placed on Calendar |
02/13/2009 | Read first time |
02/13/2009 | Referred to Committee for Courts of Justice |
02/18/2009 | Assigned Courts sub: Civil |
02/18/2009 | Subcommittee recommends reporting |
02/20/2009 | Reported from Courts of Justice (22-Y 0-N) (see vote tally) |
02/24/2009 | Read second time |
02/25/2009 | Read third time |
02/25/2009 | Passed House BLOCK VOTE (100-Y 0-N) |
02/25/2009 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
03/04/2009 | Enrolled |
03/04/2009 | Bill text as passed Senate and House (SB1169ER) |
03/05/2009 | Signed by President |
03/06/2009 | Signed by Speaker |
03/09/2009 | Impact statement from DPB (SB1169ER) |
03/27/2009 | G Approved by Governor-Chapter 272 (effective 7/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0272) |